Pricing increased for most United States Mint coin products for 2023, including prices for American Silver Eagles, flagship proof and uncirculated sets, and quarters in rolls, bags and sets.
It is also now known how much the U.S. Mint will charge for their proof and uncirculated Morgan and Peace silver dollars.
The newly published prices come a day following the U.S. Mint’s announcement to increase prices on silver medals.
Originally revealed Feb. 8 in the Federal Register, the official source of notices by government agencies and a daily journal of their proceedings, the new prices have already been pushed through to product pages for the coins and sets. In addition, prices for older products in the same family have also increased to match those for 2023.
The following table lists the U.S. Mint’s coin products, their prices, and how much they changed from the prior year.
| Coin Products | Prior Prices for 2022-Dated Issues | 2023 Issue Prices | Increase |
|---|---|---|---|
| 2023-W Proof American Silver Eagle | $73 | $80 | $7 |
| 2023-S Proof American Silver Eagle | $73 | $80 | $7 |
| 2023-W Uncirculated American Silver Eagle | $67 | $76 | $9 |
| 2023 Proof Set | $32 | $35 | $3 |
| 2023 Silver Proof Set | $105 | $130 | $25 |
| 2023 Limited Edition Silver Proof Set | $201 | $220 | $19 |
| 2023 Mint Set | $25.25 | $29 | $3.75 |
| 2023 Congratulations Set | $75 | $82 | $7 |
| 2023 American Women Quarters Proof Set | $21 | $23 | $2 |
| 2023 American Women Quarters Silver Proof Set | $73 | $80 | $7 |
| 2023-S Proof Morgan Dollar | N/A | $80 | N/A |
| 2023-P Uncirculated Morgan Dollar | N/A | $76 | N/A |
| 2023-S Proof Peace Dollar | N/A | $80 | N/A |
| 2023-P Uncirculated Peace Dollar | N/A | $76 | N/A |
| 2023 American Liberty Silver Medal | $75 | $82 | $7 |
| 2023 Mint Ornament | $29.95 | $35 | $5.05 |
| 2023 Mighty Minters Ornament | $27.95 | $35 | $7.05 |
| 2023 American Women Quarters Ornament | $30.95 | $35 | $4.05 |
| 2023-P American Women Quarters 100-Coin Bag | $40 | $45 | $5 |
| 2023-D American Women Quarters 100-Coin Bag | $40 | $45 | $5 |
| 2023 P&D American Women Quarters Two-Roll Set | $36 | $40 | $4 |
| 2023 P, D&S American Women Quarters Three-Roll Set | $54 | $60 | $6 |
Keep current on release dates for the above products by visiting the U.S. Mint’s 2023 Product Schedule.
Poor quality and higher prices!!!! I can’t wait!!!` Bye Bye U S Mint!!!!!>>>>>>>>>>>>>Keep Running “FORREST”>>>>>>>>>>>>>
sam “I am” tweedy,
You’ve never appeared more fortuitously. This Mint move stinks to Forrest heaven!
Just cancelled my ASE subscriptions. Too expensive. Done subsidizing US Mint overhead (salaries). I’ve collected coins for six decades. But I also collect wine. Today, I diversified funds budgeted to 2023 coins into some boutique Sonoma Co. pinot noirs. The wines will triple in price over the next few years. More importantly … I can always drink them.
Cheers looking at you, US Mint overlords. Priced yourself out of my business.
Those pinot noirs probably a better value than the rip-off prices for what distilleries
are pricing their bourbons now J S – good going.
Guess the bourbon distillers have the Mint mentality of raising prices just to raise prices?
I just read an article, Chris Terp, about how both Walmart’s pricing research department and independent analysts have discovered that some of the giant company’s suppliers were continuing to raise their wholesale prices to Walmart and to whomever else they were also selling to even though the costs for assembling and/or producing their particular products, including those for raw materials, cardboard packaging and freight transportation, had already all gone down rather appreciably.
I’ve begun to become aware, J S, that the Mint may well, albeit inadvertently and accidentally so, be doing at least some of us septuagenarians a really big favor with its ongoing transition to increasingly prohibitive price levels for its products. In fact, this latest development in that regard might just be the decisive push we needed in order to transform into reality the quite possibly long percolating desire to call a halt to the incessant accumulation of ever more costly objects and engage instead in the always free of charge collecting of experiences and memories.
Maybe, I’m off “base”? Wouldn’t it have been a good idea and good faith gesture from a marketing and public relations standpoint to have posted these “changes to come” before the changes came? Even, if for just a 1-3 day or 5 day M-F Scenario? Just saying, as from my point of view the US Mint, other than COTY nominations, hasn’t garnered a ton of favorable press over these past 10-15 years or so? A heads up can go along way, if you’re trying to show your customers your care? Nope, just more surveys and inconsistent at best, moves. Just… Read more »
Complain away, Caliskier; you can certainly count on my support in that department. Considering, for example, that the Mint’s price for the Silver Mint Set has gone from an already excessive $105 to an absolutely insane $130 while the cost of the Limited Edition Silver Proof Set has been increased from a ridiculously overpriced $201 to a totally outrageous $220, who would not be unhappy with the Mint’s attitude and direction in this regard? The only way this even begins to make sense is if the Mint has in fact received a directive to henceforth do everything possible to discourage… Read more »
Careful what you wish for Kaiser Wilhelm, as I literally can go on and o, as those over on Mint News blog can attest! LOL I just enjoy talking coins, however often the US Mint and or Congress and their legislation re Commemoratives and other issues have all too often gotten in the way! Too much fodder to ignore, so I tend to take aim and “stimulate, although some would say “charge” the topic? I’ve been accused of numerous things, however I’ve never been accused of being “too nice” when it comes to our US Mint. The US Mint for… Read more »
Caliskier,
The Mint can only go so long selling less for more as that is typically a prescription for corporate disaster. Perhaps one area the Mint ought to look at for enhanced income would be the absurdly small premium it adds to its Authorized Purchaser Bullion sales. Rather than make all of its operating expenses and its annual seigniorage off the backs of the numismatic community as it seems to be doing now the Mint might want to consider making a bit more profit off more realistically priced Bullion sales.
LOL Kaiser! That would just make way too much “cents”! I’ve been getting ready to look up those costs? I think the current going rate is something like$2.35 over spot/coin to the AP’s in those 40-coin trays? Granted those increases would also be born out by the end consumer, no doubt? Those coins(bullion) are legislated to be sold to “the public” not the Authorized Purchasers/AP’s! SMH AP/middleman was the easy or lazy way out of doing what they should have, could have been doing all along? Direct bullion sales to the “public” and cut out those favored AP’s who can… Read more »
“American Eagle Silver Bullion
United States Mint Authorized Purchasers are charged the LBMA Silver Price plus a $2.35 per coin premium.
Minimum ordering requirement: 25,000 ounces”
For any wondering about premiums to spot price charged to the AP’s. Link to AP current premiums.
https://www.usmint.gov/news/consumer-alerts/business-guidelines/authorized-purchaser-program
Otherwise known as the Authorized Predator Program…
Wouldn’t it have been more appropriate to use a shark?
In my defense, while Mr. Piggy may appear harmless, watch out when he gets money hungry because he becomes ferocious!
I see the makings of an epic cult thriller, Attack of the Killer Pigs. A government experiment gone wrong.
I don’t do well with horror movies, Antonio. If I have nightmares thanks to that gruesome picture it’s going to be on your conscience.
A farm pig that escapes begins to show wild hog characteristics after 2 days. In about 7 it is no longer recognizable as a farm pig, except for it looks like a wild boar, but much larger. It has grown tusks, hair has thickened and temperament change completely
Best be careful there, Dazed and Coinfused; if you keep talking about my ex-wife that way she may well end up suing you.
As a minor footnote to your equally comprehensive and comprehensible comment on the Mint’s bullion (monkey-) business, Caliskier, I think the principal reason for its long-standing consumer-unfriendly system has its roots and origins in plain old greed rather than either ease or sloth.
“The only way this even begins to make sense is if the Mint has in fact received a directive to henceforth do everything possible to discourage anyone and everyone from taking up or continuing to pursue the hobby of coin collecting.” I wonder if you’re on to something here. In a way it’s not shocking given the move away from coinage in general circulation. The price increases probably won’t move the needle for me. HOWEVER, it WILL influence purchases from those on tight budgets … namely KIDS … who are tomorrow’s coin collectors. To me the Mint has improved ordering… Read more »
You bring up a very salient point there, REB, in regard to the diminishing importance of coinage as an element of the consumer’s daily interaction with the economy. As coins continue to disappear from the public eye they might just as easily fade from the public’s memory, and that would likely be more than sufficient to mean the end of coin collecting as we know it.
BTW, thank you Mike Unser for your efforts, in trying to stay on top of US Mint News! Many others are just regurgitating “Press Releases”. Those are better than nothing, however often nothing has been released to the press, much like these price increases.
Thanks again and keep up the good work!
PS See if you can get the inside scoop on the upcoming(???) US Mint “Price Range Table” price increases??? If it’s happening it’ll happen before the APtE or AGE’s?
Our own Mike Unser is the universe’s anti-matter answer to Caffeine Mike Mezack.
Heads up to any interested? AWQ’s PDS Subscriptions showing a few available. Got to be quick though.
no surprise there. probably the speculators are reducing their subscriptions. Think of those folks on EBay who posted pre-sales for the ‘sold-out’ quarter rolls, and now they have to pay an extra $6 for the roll….
If my look at the prices is correct, you also have the situation now, a 2023 Uncirculated Morgan is more expensive than an 1880 Unc. Morgan. Hmmmm.
$80 for a ASE? They still are only using an oz. of Ag in each coin, right? I thought when they elevated a “woman” to the position of Director that some sanity would descend on the mint with regards to it’s pricing structure. I should have learned a lesson from our beloved Congress…oh well. I too, will be deleting a lot of my subscriptions for the ASE’s. I can’t wait to see their pricing on the Au coins.
I tend to call this the “Circuit City Effect”, Craig, in memory of the self-defeating behavior that now-defunct electronics chain exhibited in its final stages, which was to offer less and less product for more and more dollars.
I used to shop at Circuit City, remember it well. Now you can find products that they used to specialise in everywhere, With regard to the mint, maybe the government just needs more $$$ for expenses. They have to pay those 87,000 new IRS agents after all! If the mint sells 400,000 of the Pr ASE @ $80, with Ag spot @ $22.40 / oz., they’ll realise over 23 million dollars. Nearly $60 to press a single ASE..not a bad deal…for them.
Well, Craig, since any profit the Mint makes is turned over to the Treasury Department’s General Fund every year, the major price increase may help enhance both the size of that contribution and the view of the Mint in the eyes of the powers that be.
I have no sympathy for the flippers, Tom, but in the final analysis they will still be hurt less by this latest batch of price increases than will be the average collector.
Well that ends that….no more ASEs for me. Honestly im contemplating just Morgans and Peace from now on and stop even getting the silver proof sets or any other coins. They cant justify those increases with crappy packaging anymore. “You’re gonna lose me soon US mint….. I may end up going back to collecting pocket change coins again.
Domenic, the last sentence of your comment says it all. It appears we may well be approaching the “back to the future” juncture of our long coin collecting careers.
Well. Good old Brandon said he wanted all federal projects 100% American sourced and built. With 3,000 chips per car and him using tax dollars to subsidize building new semiconductor plants, it makes ya wonder if finding that much silver is doable. Price out the few collectors and the metal stock can be diverted to his college buddies that bought into the semiconductor investment. Sounds plausible to me. As my understanding is that the mint has a hard time finding government standard metal as it is. While the prices have jumped, I think it could be inflation catching up to… Read more »
Thanks Dazed and Coinfused, that post pretty much summed it up and as I’ve been known to say, “spot” on! If you don’t mind, I’m copying this post so that when other posters, where I frequent complain about length, “I’ll drop” a bit of “Coinfusion” on them! BAM!
By the way thanks for the LOL’s! “Nina”! Wonder if she’ll be covering the “99 Great Wall Balloons” song you mention?
I apologize for long posts, but I usually try to add some not so common perspective and possibilities. I also try to represent both sides of the argument. Every once in a while I’ll go extra off the rails because I think major d appreciates my efforts. From my very first post, completely innocent, but a couple members took it wrong (don’t recall the post, but do recall the reaction, which was unjust vitriol and animosity toward me for something I didn’t say) also conversation, no matter how striking or controversial can lead to compromise and results. My ideas and… Read more »
Perhaps apropos of nothing, perhaps not, but I will say that whenever I encounter the enforcement of politically correct speech I feel myself begin to turn from Dr. Jekyll into Mr. Hyde.
You make a good point, Dazed and Coinfused, that since everything else has gone up dramatically over the past year or so why wouldn’t coins from the Mint follow suit. On the other hand, one can survive without coins but not sans food, housing and energy, so the extra demand for dollars from a fixed amount pocketbook means that if one of the expenses is going to have to bite the dust it will the one not necessary for life, to wit, the hobby.
I see British and Canadian silver coins are more expensive than our own. $80 for U.S., $126 for Canadian. Maybe we should count our blessings, such as they are.
If you think the prices for their silver coins are high, you might want to check out how much those mints charge for gold; outrageous!
In all actuality, Kaiser Wilhelm, when comparing, if looking for true “sticker shock”, take a peak at their Platinum pricing. Whoa! Especially when compared to “current” numismatic premium on US vs RCM platinum. Crazy!
I wonder what that’s all about, Caliskier. There’s no way their precious metal planchets could be so very much more expensive than “ours” to warrant that kind of price difference.
I’ll try and keep it short. I think the US Mint is grossly under charging for Pt products, based on what they are charging for gold and Palladium. Pardon me, I’m going to move to the newest thread re: US sales report, to continue a question I have.
The reason the RCM is more expensive is the mintage is usually 250 to 400 for the platinum coins. Usmint is $12,000-15,000
Adam L and Caliskier,
The typically much lower mintages of the Royal Canadian Mint likely increase their per unit production costs dramatically. I suppose this means when buying from the RCM precisely with the intent of acquiring lower mintage items one should be aware that the much higher prices reduce the advantage of the planned scarcity of these coins.
Very good point Kaiser Wilhelm and I’d never quite thought of it like that. I will say I gained a lot of shopping experience at both the RCM and US Mint from 2008-2020, so unfortunately I’m well versed in prices, weights, alloys, designs, mintages and such for both. Not sure if that’s a good thing or? It does give me greater insight into what to expect, demand, pricing and mintage wise. I just wish that Congress and the US Mint would follow some of the very successful programs or decisions made by the RCM over these past many years. Like… Read more »
I can’t say I know where all the silver we can’t find goes, Caliskier, but from what I’ve learned the gold goes #1 to China for who knows what and #2 to India to feed their fascination with bling.
As an alternative obsession, I’ll gladly lend you the one I have with what I call “global swarming”, i.e., gross over-population. Enjoy!
Well, history has shown that gold and silver are the go to money. Whether fleeing war zones and death camps it was traded, or after the great depression it was used and bartered for food, goods, and services in hoovervilles. It sparked several gold rushes. And if people no longer believe in the fiat, they trust the gold. As for housing, food and energy, I think we aren’t as prepared as the greatest generation. We depend too much on others for our food. And most can’t cook it without relying on electricity or energy. The greats could grow their own,… Read more »
If the USA, Dazed and Coinfused, would indeed prefer to extend the Ukraine war for the long-term economic advantage of increased profits, then the Eurozone might want to get out of it entirely to avoid reducing domestic benefits in order to increase military expenditures.
Forget about his “college buddies”, Dazed and Coinfused. It’s actually the millions of college “kids” whose loans Biden has deigned to forgive who are sucking up hard working citizens’ tax dollars and straining the system.
I’m with you on this one. I’m going to buy a couple of the Morgans and Peace Dollars this year. Does anyone know what they will be charging for them? I have a couple Tele Vue eyepieces that I want to purchase this year, so that’s where my disposable money will go.
Craig – the price listed above was $76 for Unc and $80 for proof. that is the planned price, I believe the Mint still reserves the rite to adjust the price based on the price of silver at the time of release.
Thanks Tom, I just read all the prices. I am curious as to why they didn’t include the Reverse Proof Morgan/Peace Dollar Set in their updated pricing chart. Do I smell something foul coming out of D.C.?
There was no price increase made for the Morgan and Peace Dollar 2023 Two-Coin Reverse Proof Set Subscription (the current price remained at approx. $175), possibly because it was appropriately “over priced” to begin with and therefore needed no adjustment …if you smell what the Mint is cooking
Great catch there, Good Sir Rich. I believe you’re right on the money.
Rich, I wouldn’t be so sure? One way I look at it is, the 2021’s went for $85 each and that was for an Uncirculated finish.Times 2 and you are already at $170. Proof finished coins usually cost more due to production being slightly more costly, due to die and planchet prep. Then typically Reverse Proof finishes have usually been higher than Proof finishes, price wise. Now, what will the Mint do? Leave the RP set alone or add another notice to the Federal Refister, closer to launch? That would also allow them to tack another $5-$10 on the prices… Read more »
All of this depends of course, Caliskier, on what it says on the door to the room where all of the grand deciding takes place. If, for example, the placard proclaims “Quiet Please – Logisticians At Work” that’s one thing, but if on the other hand the sign says “Helmet Required – Coins Being Flipped” then that’s another. Only a back door tour will deliver the answer.
Technically, Tom, the Mint can’t do that because unlike the other precious metals silver is not part of their price grid. That being said, the Mint in all actuality can raise the price of silver products by virtue of flipping a coin.
LOL, when y’all sink your teeth into a topic like the Mint raising prices (transitioning into the Mint in general), it sure does become a feeding frenzy. Here’s some extra chum (and yes, I know he’s no longer director).
OMG, Major D, to think that good old ex-Director Ryder now evokes a nostalgia moment!
yes, the good ol’ days.
You just cracked me up since I was originally going to use that very terminology but backed off because I thought I would get too much grief for it. Thanks for “letting it all hang out” where I hadn’t dared to! 🙂
The more people don’t buy, the less that are minted and the more the value will go up. Also to note, it looks like Australia and Canada will not be putting Charles III on their money in the future.
Things change, and this is apparently one of them, and not entirely unexpected.
Now just wait for a dozen or so Charles III effigy coins to “accidentally” be released by one of the world’s Mints and bingo, we’ll have some instant rarities.
Just in case anyone is interested, the Canadian $2 Special Wrap Roll – Honouring Queen Elizabeth II is available. A single coin is selling for more than the entire roll.
This is beyond a flipper’s wildest dreams, Antonio; the opportunity of a lifetime!
Antonio, not sure where or if you even intend to p/u some of these, however the best deal, I’m pretty sure will be at or through(sorry guys) Gatewest! Not financial or investment advice, however I’ve had good to Great experiences with them. After taking your V.I.P.Bonus Points discount, you’ll end up at $52.15/roll. 50, yes 50 max per customer. RCM is pumping out to demand, so as long as people are buying, they’ll keep making them. Errors, anyone??? Note: Everyone qualifies for VIP discounts and most products have them. You won’t see the discount until checkout and I recommend buying… Read more »
I don’t count my eggs until the hen has laid them.
Uh oh, cats out of the bag? I just checked out the Bay and arbitrage’s that read this may not be happy, as some are currently asking, $100 /roll? Doh!
Two questions, Caliskier.
What is the advantage to the customer of ordering from this secondary source as long as these coins or any other item are still available from the RCM?
Are some of the line items of the Foreign Exchange Rate Table at the GW site in error as they seem to be listing currency exchange rates in reverse?
Kaching! Profit already. I don’t have the coins yet and they’re worth more than I paid for them! Sweet!
From my experience when buying direct from the RCM, your CC company will “ding” you with a foreign currency transaction fee. GW does not, as all transactions are completed in US dollars. Sometimes the GW prices don’t “exactly” convert to US vs Canadian dollars, however very close. Somethings have even been lower and for sure they are once you tack on the currency conversion charge. In this instance, you can get them direct from the RCM FOR $59.54 US or GW for $52.25 US. Advantage GW! Not quite sure what you’re asking about in Question 2. However, from what I… Read more »
For me, it’s a day late and a dollar short.
Thank you so very much for all that information, Caliskier, and rest assured you have answered my questions to well beyond satisfaction! 🙂
I use a card that doesn’t charge foreign fees
You use a card, Adam L, Caliskier uses a card, I use a card and likely everyone else uses a card, so why would we ever wonder why cash is disappearing from the face of the planet? 😉
I just got my roll a few days ago. I didn’t realize they were selling for that much
As PT Barnum famously said: there’s a sucker born every minute. I highly doubt that these resale prices will last- so sell it while you can! There will be a ton of these made. And I’ve heard a lot of complaints that the black ring is not really black as depicted, but more like a dull gray.
Major D, you are spot on as you have to strike while the iron is hot! Also I’ve been hearing the same regarding the color on the “Ring” not beig black like the pictures depict. This bring me to a PSA re: color and RCM coins. Be careful as not all colors or depicted colors in their advertising accurately reflect what you’ll receive. An example and one I’ve posted a customer review on the RCM website pertains to a 2023 coin(sold out) they offer for sale that has a carved Jade insert. The pictures show a carved piece of “green”… Read more »
Jumping Jehoshaphat, Caliskier, isn’t there anyone we can trust anymore?
Here is my opinion yes these coins are over priced people are going to quit buying them. I would rather spend my money on coins then other bad habbits. How many people spend a hundred dollars or more on a carton of cigarettes and at the end of smoking them what do they have to show for it.Have you ever gone to your doctor and he tells you to quit buying coins rather then telling you to quit smoking?
That’s an excellent point, Mike, and rather surprisingly one that prior to your comment had not yet been brought up here. Kudos to you for contributing that thought!
No, but have you ever gone to your financial advisor and he tells you to quit smoking? I’d say everybody here is addicted to coins, regardless of the price increase and how much they rail against the Mint. They just can’t quit it.
I’m not addicted! I’ve been collecting since 1967 and can quit at anytime, if I want to.
My hands are shaking on the keyboard in anticipation of my next high noon proof fix. No nickel bags for me. Just the good stuff – $100 platinum tokings.
Always go for the quality and the quantity. That’s how you get the best deal, and it goes to show that while the product is now different the thinking itself hasn’t changed in almost sixty years.
Hello everyone, my name is Major D and I am an addict.
Coin Collectors Anonymous meets at Acme Gold & Silver every Friday night.
Who told, Major D, who told? Every time the Mint raises prices I say “this is it, this is really it”…until I don’t.
I agree. I started collecting coins after I quit using Heroin, cocaine and Methamphetamine. I was easily spending $60-$100 a day. I have been sober since 2007 : )
As you obviously know, Adam, once one does quit it’s hard to believe one ever wasted that much money on slowly killing oneself, but back then one didn’t know, care or believe it. Congratulations on your long-term sobriety! (I’ve been blessed in that regard since 1988). 🙂
Yep most items u can buy next year cheaper then what the mint is selling it for today.. They over produce and kills the value frim increasing on most items. My biggest complaint and sure alot think the same thing. It says there 25-75k of item being made and there sold out in 3 mins with limit of 1-3.. so how many are the dealer getting before the public can buy. You can Google usmint pricing guide per oz and see what gold, plat, and plad is going for today. Then use there little chart to see how future pricing… Read more »
Floyd, I’d say you’re right about the majority of US Mint products- most are value losers against inflation. However, there are the rare few that really outperform. I’ve found that silver, being a very cheap so-called precious metal, has very little to do with the numismatic US Mint product values over time (pricing for numismatics are much different than for bullion). If you’re into silver stacking, there are much better bullion deal offerings from other Mints and even dealers with low costs over spot.
Not related to pricing but could be helpful in those looking to budget their hard earned money for Mint releases should you be inclined… If you log into the Mint site and review your subscriptions, you can see all the upcoming release dates for products like the Morgan Reverse Proof Set (Nov. 14, 2023) and many others. No need to look at the Product Schedule tab on the site since that just lists general seasons like ‘Fall 2023.’ Apologies if this has been posted here before. You should get a good look before the Ol’ Mint gets wise to their… Read more »
Thanks, TheKings714; it never hurts to be reminded of any available Mint resources.
I don’t understand why coins from the US mint need to be 4 times the silver spot price, especially when there is no mintage limit and its not particularly collectable.
I guess bc it has very little to do with silver. I’d say its supply & demand and resale value. This will continue as long as folks pay more on the secondary market.
And that, Major D, is the story in a nutshell. People pay four times or more the Mint price on the secondary market and the reason they have to do that is because the resellers have cleaned out the Mint’s supply to make exactly those profits from the secondary market buyers. It all goes around in a perfect but painful circle.
How can you complain about the prices for the coins or ASEs coins when they are considering lower than a few trustworthy coin dealers( Govmint, Money Metals,or Littleton) just to be a few, which mark up is 75,%, to 100%, over mint price,? Give the mint there due or do you like to pay the mark-up.
I agree John. Not only does the Mint literally make money, but it can also have that money make money. When it made and sold 2021 Peace dollars at $85 a piece, and a year later those dollars sell for $500 the Mint doesn’t make that value-added profit, the reseller does. Another example is when the AWQ PDS rolls sell for 5x the list price. I never hear anyone complain in that situation. Unfortunately, the reverse can also happen when the product value tanks, like with those early reverse proof AI dollars. My response is that the Mint does not… Read more »
So I wouldn’t be far off the mark to say, Major D, that my having bought every single one of those individually packaged AI Reverse Proof Dollars isn’t going to make me rich.
In a way, John, this is a case of apples and oranges, meaning that it’s not really a matter of a head to head comparison. Those dealers do sell new coins gotten directly from the Mint but anyone who buys those from these resellers while the Mint is still selling them directly to the public is making an extremely ill advised and incredibly overpriced purchase. On the other hand, if the Mint itself has already stopped selling any particular item then the resellers become the source of last resort and one has no choice but to pay the exorbitant prices… Read more »
Something wrong with the Coin News chart. With the price of everything going up, how is it that the 2023 Morgan and Peace uncirculated dollars will be $76 when the price in 2021 was $85? And the 2023 proof dollars will be $80, $5 less than the 2021 uncirculated? Doesn’t compute.
It’s the new math.
If it holds up, I like it.
Just a wild guess here, Major D, but could this be the Mint’s version of a “loss leader”? Or, and possibly in a more realistic vein, it’s yet another misprint like the recent email newsletter that still had all the old prices.
Hate to go there Kaiser Wilhelm and Major D, however if I didn’t know better gang, my wild guess is this is the US Mints version of a rectal thermometer and they are just looking for the most accurate way to gauge their customers temperature collectively? I bet that thermometer is pretty hot and they have generated a ton of “fan mail”? Too many overly odiferous clouds, wafting from out of every US Mint orifice? Smells exactly like the brand name(real)”Fish Shit”, I hear. Mfg by Fish Head Farms based out of Rumford RI! Haven’t tried it yet, as it’s… Read more »
Rectal thermometers taste horrible. I don’t know why people use them.
How long have you been handling your copper coins without gloves?
Good point, Caliskier. There is still a lot of time between now and the release of the Double Reverse Proof (is that a quarterback audible?). We could easily be greeted with a delayed price increase on that one item at any point in the game.
Don’t know if this was already mentioned (and I’m slow to pick up on it) but it’s not just the 2023 products that increased in price. For the products listed in the Coin News chart all of the prior years that still have available inventory were also increased in price by the same amount. That includes the 2021 and 2022 Mint sets (now $29); the 2021 and 2022 Silver Proof sets (now $130); the 2022 Ltd Ed Silver Proof set (now $220); and the 2022 American Liberty medal (now $82). So, this means that the 2021 and 2022 inventories will… Read more »
And by logical extension, Major D, every time the Mint has yet another price increase all equivalent items will be reset to the new price regardless of how old they are. As you said above, whatever is left in the Mint’s aging inventories will be inclined to linger even longer with each successive upward price adjustment.
I have an old American silver coin. Year 1799 with 15 stars. The coin is still in good shape and conditions. May i know what is the value of it. I would like to let go if anyone interested.
Get it professionally graded by PCGS or NGC, and look up its value on their website.
I’m not aware of any made in 1799 with 15 stars. Can you attach a picture?
Does anyone here know what the mintage of the 2023 silver eagle proofs are? Just got the heads up email from the mint to confirm my subscriptions for the “W” mint eagle. Thinking about taking a few off the table. Thanks!
I believe only the Mint knows that Rooster, and they’re not saying. I did notice the other day that APMEX started pre-orders for the Proof-W ASE (w/ Box & COA) for $89.99 check/wire or $93.74 CC/PayPal, expected ship date March 17. Meanwhile the Mint’s price is $80, HOL=25, available March 2.
Thanks Major D! Wow almost hitting $100. They way they pumped those mintage numbers last year has me thinking they will do the same again. I was going to cut my subscriptions by 10% but have actually pared them by 50%.
Yeah, what really pumped the 2022 W-Proof mintage was the Bulk-40 sales to the dealers. There were 496,887 single sales and 4,106 Bulk-40 sales, plus the 29,705 congrat sets = 496,887 as mintage (based on 2-12-2023 sales report). Comparatively, the 2021 W-proof mintages were 415,955 for the Type-1 and 385,764 for the Type-2. The 2020 mintage was 414,182. You have to go back to 2016, the 30th anniversary, to find a bigger W-Proof mintage: 651,467.
Major D: Just wow with these numbers. The W mint used to be my favorite with the ASE. It moved to the bottom of my list. Exception: the uncirculated W. The mint seems to be deceptive by stating a mintage and then slowly we find out that the stated numbers never included the bulk sales.
Rooster, I agree with you- the Unc W is my favorite as well: lower mintages and lower costs- plus I like the burnished look.
The ASE Proof is quite fancy; the ASE Burnished is very elegant
Kaiser: I like how you described the difference. Fancy vs. elegant.
Sorry about my typo: For the 2022 W-Proof ASE, there were 496,887 single sales and 4,106 Bulk-40 sales, plus the 29,705 congrat sets = 690,832 as mintage
I had thought 500,000 but 690,000 is quite a few. It would be nice to see younger people jumping in but am doubtful.
There are far more distractions available to them these days than there were for us in our time, Rooster; I’m inclined to believe the youth of America are what is described as being otherwise engaged.
Kaiser: Sadly have to agree. Still hope it changes though. I try and do my part with family members but sometimes I think it is futile. I am sure many were sold to the local “buy gold” pawn shops you see on every corner for a fraction of their value.
It’s a very personal interest, this coin collecting thing of ours, Rooster, and like the proverbial horse we can lead people to water but we can’t make them drink.
So true.
Kind of figured that’s what you meant in the first place, Major D. 😉
I’ve gone with a 50% reduction in ASE subscriptions this year, Rooster, which in my case means all of cutting down from two to one of each variety.
Kaiser: lol I was at a dozen for each but now 1/2 dozen. Ironically, I was subscribed for 25 but cut back to a dozen because of the high production numbers. I may reduce to one next year just to stay in the game.
Rooster, I already figured that your 50% reduction was from a much higher original total than mine was. To be fair, though, at one time I was getting four of each variety of ASE before I cut that number in half. The most of any one item I’ve ever gotten from the Mint in one year was five of the 2022 Silver Proof Set, which is to say with one for each of my five grandchildren in mind. Isolation during COVID times brought new ideas to mind.
Nothing better than the grands. What a nice gift (2022 silver proof set).
They are every one of them the apples of my eye, Rooster, so you’ve certainly got that right. I never cease to be amazed how each grandchild has a very distinct and unique personality; not a one of them is like any of the others. Oh, and just incidentally, I mixed up the year; the Silver Proof Sets I procured with them in mind are dated 2020 rather than 2022. My poor old noggin, at 75, has clearly gone more than a little soft.